News
The acquisition “significantly expands Smartaira’s footprint in the Southeastern United States,” according to Smartaira’s announcement.
By: Brad Randall, Broadband Communities
Lux Speed, a Fort Lauderdale-based multifamily internet service provider (ISP), has been acquired by Smartaira, a fiber internet company seeking to expand in the Southeastern United States.
The acquisition by Smartaira, headquartered in California, is the company’s fourth since 2021.
Smartaira, which calls itself a fiber-based, community-wide internet solutions provider, announced the transaction finalizing the deal today.
The acquisition “significantly expands Smartaira’s footprint in the Southeastern United States,” Smartaira’s announcement stated.
According to Smartaira’s release, published on the company’s website, the transaction has resulted in a “marquee customer list of homeowner-association, condo-association, and multi-tenant rental properties” being added to Smartaira’s service portfolio.
Darren Rish, Smartaira’s CEO, said Lux Speed prioritized customer relationships built on a foundation of quality customer service and exceptional infrastructure, according to comments included in Smartaira’s release.
“We look forward to expanding the relationship with Lux Speed’s customers and building off of the momentum that Lux Speed has achieved in the Southeast,” Rish said.
Lux Speed’s founder and CEO, Michael Bertamini, assured customers that they should continue to expect high-quality services.
“We are certain that our customers, both old and new, will receive the same first-class service and support from Smartaira.” -Michael Bertamini, CEO and Founder, Lux Speed
Bertamini said he has been impressed with Smartaira’s leadership, service offerings, and commitment to customers in the multi-tenant space.
Smartaira currently operates in 26 states, according to a summary provided by the company.
“Smartaira’s broadband solutions include both fiber internet and managed Wi-Fi deployments built on best-in-class infrastructure and technology,” the summary stated. “With a full suite of telecommunications services, Smartaira deployments are custom-tailored to meet the needs of customers, property owners, and property management.”
The company’s offerings include “a turnkey internet solution” that can outperform legacy network operators, according to the summary of Smartaira’s operations.
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